AlphaTime Acquisition (NASDAQ:ATMC) Shares Up 0.1% – Here’s What Happened

AlphaTime Acquisition Corp (NASDAQ:ATMC) shares shot up 0.1% on Thursday . The stock traded as high as $11.61 and last traded at $11.63. 1,935 shares were traded during trading, a decline of 90% from the average session volume of 18,555 shares. The stock had previously closed at $11.61.

AlphaTime Acquisition Stock Up 0.1 %

The business’s fifty day simple moving average is $11.54 and its 200-day simple moving average is $11.37.

Institutional Investors Weigh In On AlphaTime Acquisition

A hedge fund recently bought a new stake in AlphaTime Acquisition stock. Toronto Dominion Bank acquired a new position in shares of AlphaTime Acquisition Corp (NASDAQ:ATMC) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 28,000 shares of the company’s stock, valued at approximately $319,000. Toronto Dominion Bank owned approximately 0.41% of AlphaTime Acquisition at the end of the most recent reporting period. 82.24% of the stock is currently owned by hedge funds and other institutional investors.

About AlphaTime Acquisition

AlphaTime Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.